Old Line Bancshs MD (OLBK) 19.10 $OLBK
Old Line Bancshares, Inc. Reports $2.2 Million in Net Income Available to Common Stockholders for the Quarter Ended March 31, 2016
GlobeNewswire - Mon Apr 25, 10:59AM CDT
Old Line Bancshares, Inc. ("Company"
(NASDAQ:OLBK), the parent company of Old Line Bank, reports that net income available to common stockholders decreased $603 thousand, or 21.90%, to $2.2 million for the three months ended March 31, 2016, compared to net income of $2.8 million for the three months ended March 31, 2015. Earnings were $0.20 per basic and diluted common share for the three months ended March 31, 2016 and $0.25 per basic and diluted common share for the same period in 2015. The decrease in net income is primarily the result of a $1.9 million increase in non-interest expenses and a $217 thousand increase in the provision for loan losses, offsetting increases of $1.2 million in net interest income and $152 thousand in non-interest income. Net income included $359 thousand in merger-related expenses (or $0.03 per basic and $0.02 per diluted common share) in connection with the Company's acquisition of Regal Bancorp, Inc. ("Regal" , the parent company of Regal Bank & Trust ("Regal Bank" , in December 2015. Excluding the merger-related expenses, which is a non-GAAP financial measure; earnings were $0.23 per basic and $0.22 per diluted share for the three months ending March 31, 2016.
OLBK: 19.10 (-0.04)
First Bank (FRBA) Rises: Stock Adds 5.3% in Session
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 7:45AM CDT
First Bank (FRBA) was a big mover last session, as the company saw its shares rise over 5% on the day.
FRBA: 7.21 (-0.11), OLBK: 19.10 (-0.04)
BUYINS.NET: OLBK, WFBI, WBB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Fri Feb 05, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Old Line Bancshares Inc (NASDAQ:OLBK), WASHINGTONFIRST BANKSHARE (NASDAQ:WFBI), (NASDAQ:WBB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
WBB: 19.56 (+0.08), WFBI: 23.83 (-0.17), OLBK: 19.10 (-0.04), SCNB: 32.50 (-0.41)
Old Line Bancshares tops Street 4Q forecasts
Automated Insights - Wed Jan 27, 2:49PM CST
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Wednesday reported fourth-quarter earnings of $2 million.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports an Increase in Asset to $1.5 Billion and an Earnings Increase of 46.82% for the Year Ending December 31, 2015
GlobeNewswire - Wed Jan 27, 2:18PM CST
Old Line Bancshares, Inc. ("Company" (NASDAQ:OLBK), the parent company of Old Line Bank, reports net income available to common stockholders of $2.0 million for the three months ended December 31, 2015, compared to $1.8 million for the three months ended December 31, 2014. Earnings were $0.19 per basic and diluted common share for the three months ended December 31, 2015, compared to $0.17 per basic and $0.16 per diluted common share for the same period in 2014. Net income included $1.4 million in merger-related expenses ($1.2 million net of taxes, or $0.11 per basic and diluted common share) in connection with the Company's previously-announced acquisition of Regal Bancorp, Inc. ("Regal" , the parent company of Regal Bank & Trust ("Regal Bank" , through the merger of Regal with and into the Company effective December 4, 2015. Excluding the merger related expenses, which is a non-GAAP measure, earnings were $0.30 per basic and diluted share for the three months ending December 31, 2015.
OLBK: 19.10 (-0.04)
Old Line Bancshares Completes Acquisition of Regal Bancorp, Inc.; Combined Total Assets Exceed $1.4 Billion With 23 Branch Network
GlobeNewswire - Fri Dec 04, 5:05PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced the completion of its acquisition of Regal Bancorp, Inc., the parent company of Regal Bank & Trust.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Increases Quarterly Cash Dividend Twenty Percent
GlobeNewswire - Wed Nov 25, 11:00AM CST
On November 24, 2015, the Board of Directors of Old Line Bancshares, Inc. (Nasdaq:OLBK) declared a fourth quarter cash dividend of $0.06 per common share, a $0.01 (20.0%) increase over the third quarter cash dividend of $0.05 per share. The company will pay the dividend on December 28, 2015 to stockholders of record as of December 11, 2015. "We are pleased that our profitability and capital strength allows us to reward our shareholders with an increased dividend and an increasing stock price. We continue to generate strong growth while also managing expenses resulting in improved earnings per share," said James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares.
OLBK: 19.10 (-0.04)
Old Line Bank Opens Its First Branch in Montgomery County, Maryland
GlobeNewswire - Tue Nov 10, 1:51PM CST
Old Line Bank, Maryland's third largest independent bank with assets of more than $1.3 billion, announces the opening of its first branch in Montgomery County, Maryland.
OLBK: 19.10 (-0.04)
Old Line Bancshares (OLBK) Enters Overbought Territory
Zacks Equity Research - Zacks Investment Research - Tue Oct 20, 5:38AM CDT
Old Line Bancshares Inc. (OLBK) has moved higher as of late, but there could definitely be trouble on the horizon for this company
OLBK: 19.10 (-0.04)
Raymond Lyon Joins Old Line Bank as Senior Vice President, Commercial Lending
GlobeNewswire - Fri Oct 16, 12:49PM CDT
Old Line Bank, Maryland's premier community bank with assets of more than $1.3 billion and 19 branch locations, is pleased to announce that Raymond Lyon has joined the Bank as a Senior Vice President serving the Baltimore Washington corridor market as a senior commercial lender.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. and Regal Bancorp, Inc. Announce Execution of Merger Agreement
GlobeNewswire - Wed Aug 05, 3:00PM CDT
Old Line Bancshares, Inc. (NASDAQ:OLBK), the parent company of Old Line Bank, and Regal Bancorp, Inc. (PINX:RGBM), the parent company of Regal Bank & Trust, today jointly announced the execution of a definitive merger agreement (the "Merger Agreement" that provides for the acquisition of Regal Bancorp by Old Line Bancshares for approximately $5.6 million, or approximately $12.68 per share of common stock, in cash and stock (the "aggregate consideration" , plus approximately $1.0 million in cash to be paid to the holders of Regal Bancorp preferred stock.
OLBK: 19.10 (-0.04)
Old Line Bancshares misses Street 2Q forecasts
Automated Insights - Thu Jul 16, 12:27PM CDT
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Thursday reported second-quarter profit of $2.6 million.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports $2.6 Million in Net Income Available to Common Stockholders, a 47% Increase, for the Quarter Ended June 30, 2015
GlobeNewswire - Thu Jul 16, 12:04PM CDT
Old Line Bancshares, Inc. (NASDAQ:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders increased $832 thousand, or 47.00% to $2.6 million for the three months ended June 30, 2015, compared to net income of $1.8 million for the three months ended June 30, 2014. Earnings were $0.25 per basic and $0.24 per diluted common share for the three months ended June 30, 2015, compared to $0.16 per basic and diluted common share for the same period in 2014. The increase in net income is primarily the result of a $560 thousand increase in net interest income and a $1.5 million decrease in the provision for loan losses, partially offset by a decrease of $323 thousand in non-interest income and a $342 thousand increase in non-interest expenses. Net income was $5.4 million for the six months ended June 30, 2015, compared with $3.6 million for the same six month period last year, an increase of $1.8 million, or 48.54%. Earnings were $0.50 per basic and $0.49 per diluted common share for the six months ended June 30, 2015 compared to $0.33 per basic and diluted common share for the same period last year. The increase in net income is primarily the result of increases of $1.7 million in net interest income and $57 thousand in non-interest income and decreases of $1.2 million in the provision for loan losses and $3 thousand in non-interest expenses.
OLBK: 19.10 (-0.04)
Old Line Bancshares beats Street 1Q forecasts
Automated Insights - Wed Apr 15, 9:27AM CDT
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Wednesday reported first-quarter earnings of $2.8 million.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports $2.8 Million in Net Income Available to Common Stockholders, a 50% Increase, for the First Quarter Ended March 31, 2015
GlobeNewswire - Wed Apr 15, 9:18AM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders increased $918,396, or 50.03% to $2.8 million for the three months ended March 31, 2015, compared to net income of $1.8 million for the three months ended March 31, 2014. Earnings were $0.25 per basic and diluted common share for the three months ended March 31, 2015 and $0.17 per basic and diluted common share for the same period in 2014. The increase in net income is primarily the result of a $1.1 million increase in net interest income, a $440 thousand increase in non-interest income and a $285 thousand decrease in non-interest expenses, offsetting an increase of $292 thousand in the provision for loan losses.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports $2.2 Million in Net Income Available to Common Stockholders for the Quarter Ended March 31, 2016
GlobeNewswire - Mon Apr 25, 10:59AM CDT
Old Line Bancshares, Inc. ("Company"
(NASDAQ:OLBK), the parent company of Old Line Bank, reports that net income available to common stockholders decreased $603 thousand, or 21.90%, to $2.2 million for the three months ended March 31, 2016, compared to net income of $2.8 million for the three months ended March 31, 2015. Earnings were $0.20 per basic and diluted common share for the three months ended March 31, 2016 and $0.25 per basic and diluted common share for the same period in 2015. The decrease in net income is primarily the result of a $1.9 million increase in non-interest expenses and a $217 thousand increase in the provision for loan losses, offsetting increases of $1.2 million in net interest income and $152 thousand in non-interest income. Net income included $359 thousand in merger-related expenses (or $0.03 per basic and $0.02 per diluted common share) in connection with the Company's acquisition of Regal Bancorp, Inc. ("Regal" , the parent company of Regal Bank & Trust ("Regal Bank" , in December 2015. Excluding the merger-related expenses, which is a non-GAAP financial measure; earnings were $0.23 per basic and $0.22 per diluted share for the three months ending March 31, 2016. OLBK: 19.10 (-0.04)
First Bank (FRBA) Rises: Stock Adds 5.3% in Session
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 7:45AM CDT
First Bank (FRBA) was a big mover last session, as the company saw its shares rise over 5% on the day.
FRBA: 7.21 (-0.11), OLBK: 19.10 (-0.04)
BUYINS.NET: OLBK, WFBI, WBB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Fri Feb 05, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Old Line Bancshares Inc (NASDAQ:OLBK), WASHINGTONFIRST BANKSHARE (NASDAQ:WFBI), (NASDAQ:WBB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
WBB: 19.56 (+0.08), WFBI: 23.83 (-0.17), OLBK: 19.10 (-0.04), SCNB: 32.50 (-0.41)
Old Line Bancshares tops Street 4Q forecasts
Automated Insights - Wed Jan 27, 2:49PM CST
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Wednesday reported fourth-quarter earnings of $2 million.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports an Increase in Asset to $1.5 Billion and an Earnings Increase of 46.82% for the Year Ending December 31, 2015
GlobeNewswire - Wed Jan 27, 2:18PM CST
Old Line Bancshares, Inc. ("Company"
(NASDAQ:OLBK), the parent company of Old Line Bank, reports net income available to common stockholders of $2.0 million for the three months ended December 31, 2015, compared to $1.8 million for the three months ended December 31, 2014. Earnings were $0.19 per basic and diluted common share for the three months ended December 31, 2015, compared to $0.17 per basic and $0.16 per diluted common share for the same period in 2014. Net income included $1.4 million in merger-related expenses ($1.2 million net of taxes, or $0.11 per basic and diluted common share) in connection with the Company's previously-announced acquisition of Regal Bancorp, Inc. ("Regal" , the parent company of Regal Bank & Trust ("Regal Bank" , through the merger of Regal with and into the Company effective December 4, 2015. Excluding the merger related expenses, which is a non-GAAP measure, earnings were $0.30 per basic and diluted share for the three months ending December 31, 2015. OLBK: 19.10 (-0.04)
Old Line Bancshares Completes Acquisition of Regal Bancorp, Inc.; Combined Total Assets Exceed $1.4 Billion With 23 Branch Network
GlobeNewswire - Fri Dec 04, 5:05PM CST
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced the completion of its acquisition of Regal Bancorp, Inc., the parent company of Regal Bank & Trust.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Increases Quarterly Cash Dividend Twenty Percent
GlobeNewswire - Wed Nov 25, 11:00AM CST
On November 24, 2015, the Board of Directors of Old Line Bancshares, Inc. (Nasdaq:OLBK) declared a fourth quarter cash dividend of $0.06 per common share, a $0.01 (20.0%) increase over the third quarter cash dividend of $0.05 per share. The company will pay the dividend on December 28, 2015 to stockholders of record as of December 11, 2015. "We are pleased that our profitability and capital strength allows us to reward our shareholders with an increased dividend and an increasing stock price. We continue to generate strong growth while also managing expenses resulting in improved earnings per share," said James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares.
OLBK: 19.10 (-0.04)
Old Line Bank Opens Its First Branch in Montgomery County, Maryland
GlobeNewswire - Tue Nov 10, 1:51PM CST
Old Line Bank, Maryland's third largest independent bank with assets of more than $1.3 billion, announces the opening of its first branch in Montgomery County, Maryland.
OLBK: 19.10 (-0.04)
Old Line Bancshares (OLBK) Enters Overbought Territory
Zacks Equity Research - Zacks Investment Research - Tue Oct 20, 5:38AM CDT
Old Line Bancshares Inc. (OLBK) has moved higher as of late, but there could definitely be trouble on the horizon for this company
OLBK: 19.10 (-0.04)
Raymond Lyon Joins Old Line Bank as Senior Vice President, Commercial Lending
GlobeNewswire - Fri Oct 16, 12:49PM CDT
Old Line Bank, Maryland's premier community bank with assets of more than $1.3 billion and 19 branch locations, is pleased to announce that Raymond Lyon has joined the Bank as a Senior Vice President serving the Baltimore Washington corridor market as a senior commercial lender.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. and Regal Bancorp, Inc. Announce Execution of Merger Agreement
GlobeNewswire - Wed Aug 05, 3:00PM CDT
Old Line Bancshares, Inc. (NASDAQ:OLBK), the parent company of Old Line Bank, and Regal Bancorp, Inc. (PINX:RGBM), the parent company of Regal Bank & Trust, today jointly announced the execution of a definitive merger agreement (the "Merger Agreement"
that provides for the acquisition of Regal Bancorp by Old Line Bancshares for approximately $5.6 million, or approximately $12.68 per share of common stock, in cash and stock (the "aggregate consideration" , plus approximately $1.0 million in cash to be paid to the holders of Regal Bancorp preferred stock. OLBK: 19.10 (-0.04)
Old Line Bancshares misses Street 2Q forecasts
Automated Insights - Thu Jul 16, 12:27PM CDT
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Thursday reported second-quarter profit of $2.6 million.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports $2.6 Million in Net Income Available to Common Stockholders, a 47% Increase, for the Quarter Ended June 30, 2015
GlobeNewswire - Thu Jul 16, 12:04PM CDT
Old Line Bancshares, Inc. (NASDAQ:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders increased $832 thousand, or 47.00% to $2.6 million for the three months ended June 30, 2015, compared to net income of $1.8 million for the three months ended June 30, 2014. Earnings were $0.25 per basic and $0.24 per diluted common share for the three months ended June 30, 2015, compared to $0.16 per basic and diluted common share for the same period in 2014. The increase in net income is primarily the result of a $560 thousand increase in net interest income and a $1.5 million decrease in the provision for loan losses, partially offset by a decrease of $323 thousand in non-interest income and a $342 thousand increase in non-interest expenses. Net income was $5.4 million for the six months ended June 30, 2015, compared with $3.6 million for the same six month period last year, an increase of $1.8 million, or 48.54%. Earnings were $0.50 per basic and $0.49 per diluted common share for the six months ended June 30, 2015 compared to $0.33 per basic and diluted common share for the same period last year. The increase in net income is primarily the result of increases of $1.7 million in net interest income and $57 thousand in non-interest income and decreases of $1.2 million in the provision for loan losses and $3 thousand in non-interest expenses.
OLBK: 19.10 (-0.04)
Old Line Bancshares beats Street 1Q forecasts
Automated Insights - Wed Apr 15, 9:27AM CDT
BOWIE, Md. (AP) _ Old Line Bancshares Inc. (OLBK) on Wednesday reported first-quarter earnings of $2.8 million.
OLBK: 19.10 (-0.04)
Old Line Bancshares, Inc. Reports $2.8 Million in Net Income Available to Common Stockholders, a 50% Increase, for the First Quarter Ended March 31, 2015
GlobeNewswire - Wed Apr 15, 9:18AM CDT
Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported net income available to common stockholders increased $918,396, or 50.03% to $2.8 million for the three months ended March 31, 2015, compared to net income of $1.8 million for the three months ended March 31, 2014. Earnings were $0.25 per basic and diluted common share for the three months ended March 31, 2015 and $0.17 per basic and diluted common share for the same period in 2014. The increase in net income is primarily the result of a $1.1 million increase in net interest income, a $440 thousand increase in non-interest income and a $285 thousand decrease in non-interest expenses, offsetting an increase of $292 thousand in the provision for loan losses.
OLBK: 19.10 (-0.04)
